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Sales for the Bloomin’ brand have climbed to within 13.6% of 2019 levels.
The shift by off-premise customers to dine-in service was minimal, according to the chain’s parent.
None of the Outback parent’s 90,000 employees have been laid off because of the COVID-19 crisis. Comps are down 31%.
Candidates supported by Jana will stand election for two of Bloomin’ Brands 10 board seats.
Jana Partners said it intends to put up two candidates for Bloomin’ Brands eight-person board.
Jana Partners is resuming its call for a strategic redirection two years after a truce was struck.
The chain-building pair have invested in Boqueria, which they’ll also serve as directors.
The Bloomin’ Brands holding is also planning to roll out a new interior design with more space set aside for off-premise business.
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